PPP Loan information for Schaefer's iii, inc.

$320,000

Schaefer's iii, inc. was initially approved for PPP Loan of amount $320,000, the current approved amount is $320,000. The loan was approved on 04/07/2020 by The First Western Bank & Trust reported 80 jobs and $320,000 was used to fund payroll.

Schaefer's iii, inc. is Existing or more than 2 years old

PPP Loan Search / MN / NISSWA / Schaefer's iii, inc.

SCHAEFER'S III, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHAEFER'S III, INC.

Borrower Address

23962 SMILEY RD

Borrower City

NISSWA

Borrower State

MN

Borrower Zip

56468-2386

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

320000.00

Current Approval Amount

320000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52905

Servicing Lender Name

First Western Bank & Trust

Servicing Lender Address

900 S Broadway

Servicing Lender City

MINOT

Servicing Lender State

ND

Servicing Lender Zip

58701-4658

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NISSWA

Project County Name

CROW WING

Project State

MN

Project Zip

56468-2386

CD

MN-08

Jobs Reported

80

NAICS Code

445110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

320000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52905

Originating Lender

First Western Bank & Trust

Originating Lender City

MINOT

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

322533.33

Forgiveness Date

01/28/2021

;